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Dec 30, 2012
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the patch to get us through the new year. so democrats argue that this doesn't even have the votes to pass the house and the senate as dana says, it's a quote poison pill in the eyes of the democrats. we can continue to discuss that. i just want to bring awe little bit of news, if i may. while this all is as you put it, i think in very clearly, quote, disgusting and everything is moving very slowly. there is one potential glimmer of light. and that is, that senate minority leader, of the republican, mitch mcconnell and vice president biden have spoken. they've spoken twice. and the two of them have a history of cutting deals together. they were able to cobble together the debt deal that got us through the debt negotiations and kept the country from defaulting back in the summer of 2011. does this mean it will happen again? no. but it at least means there is a line of communication open between democrats and senior democrat and republican and the possibility that who knows, maybe there could be a path forward and this very lat
the patch to get us through the new year. so democrats argue that this doesn't even have the votes to pass the house and the senate as dana says, it's a quote poison pill in the eyes of the democrats. we can continue to discuss that. i just want to bring awe little bit of news, if i may. while this all is as you put it, i think in very clearly, quote, disgusting and everything is moving very slowly. there is one potential glimmer of light. and that is, that senate minority leader, of the...
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Dec 23, 2012
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for example, used to be the gas tax financed roads, now we can use tolls. you've got an easy pass, you can go anywhere in the country and tolls are an efficient way of financing roads. >> the federal gas tax hasn't gone down, we're consuming less gas. i'm going to be talking to the governor of illinois about this, pat quinn because they're doing a lot of building of roads. let's bring krista in here. i think underestimate the effect of fracking and natural gas in the united states and the lowering of the price of energy and what that does for heavy manufacturing. companies that use a lot of electricity. steven just talked about the keystone pipeline from alberta to take the oil from the oil sands, where you're from. i think that's probably going to happen. what's your sense of the role of energy in helping my runner run faster? >> to use your wonderful metaphor, i do run a bit and when i run road races, there's this wonderful power gel you can take when you start flagging after the first hour or so. energy is going to be like that power gel for the u.s. eco
for example, used to be the gas tax financed roads, now we can use tolls. you've got an easy pass, you can go anywhere in the country and tolls are an efficient way of financing roads. >> the federal gas tax hasn't gone down, we're consuming less gas. i'm going to be talking to the governor of illinois about this, pat quinn because they're doing a lot of building of roads. let's bring krista in here. i think underestimate the effect of fracking and natural gas in the united states and the...
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Dec 29, 2012
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just give us the math. if washington fails to avert the cliff, the worst-case scenario will be the combination of tax hikes and spending cuts. what does that do to our economy? >> well, if they don't come to a deal and then sit there all next year and don't come to a deal, we will go back into recession. it will be very, very ugly. and the united states is one of the few bright spots in the world and it will be ugly to have the whole world go into recession. but i don't think that's likely. i think if we pass for a month then they'll eventually pass something. but it shows the dysfunction in washington of not being able to pass anything. by the way, ali, the debt ceiling's coming up. they're not agreeing on that. so even if they agree on this, then in a month or two they're going to be in the same position on the debt ceiling. >> and our debt ceiling actually comes to a head on monday, but the department of the treasury, treasury secretary says like they did last time they can move things around and probabl
just give us the math. if washington fails to avert the cliff, the worst-case scenario will be the combination of tax hikes and spending cuts. what does that do to our economy? >> well, if they don't come to a deal and then sit there all next year and don't come to a deal, we will go back into recession. it will be very, very ugly. and the united states is one of the few bright spots in the world and it will be ugly to have the whole world go into recession. but i don't think that's...
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Dec 9, 2012
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. >> thanks so much for joining us. let's see what the future holds in terms of jobs. >>> does this man scare you? if you're a republican in congress, the answer is probably yes, but in the last three weeks, more and more lawmakers have said they are down with grover norquist and his so-called taxpayer protection pledge. i'll introduce you to two of them right after this. from the best players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. this holiday season, get a 2013 malibu ls for around $199 per month, or get $1,000 holiday bonus cash. get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch while 5 moisturizers leave hair healthy. selsun blue. got a clue? get the blue. >>> well, he might be the most power
. >> thanks so much for joining us. let's see what the future holds in terms of jobs. >>> does this man scare you? if you're a republican in congress, the answer is probably yes, but in the last three weeks, more and more lawmakers have said they are down with grover norquist and his so-called taxpayer protection pledge. i'll introduce you to two of them right after this. from the best players in history to the number 1 club in the world. the potential of manchester united...
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Dec 2, 2012
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so, who better to explain that to us than christine romans? she joins us now. lay this thing out for us. >> it's one of the most ex pinsive in the dense and complicated tax code. it's the middle class's most cherished tax break. government snding on this deduction will reach $100 billion by 2014 making it the third largest tax break on the books. but who is it really helping? it tends to benefit the upper middle class families the most. these bars behind me show income and the circles show the average savings for those with annual income up to $40,000, the average savings is a whopping $91 a year, ali. for those earning more than $250,000, their savings is much more significant about $5,500. it's not helping to boost homeownership. 65% of americans live in a home that they own. it was up nearly 70% during the housing boom. in 2005 and 2006. now we're back to the same levels in the 1980s. yes, the great recession is partly to blame. we are stuck in this 64% to 69% range. ali, housing industry lobbyists are telling lawmakers, keep your hands off this deduction. y
so, who better to explain that to us than christine romans? she joins us now. lay this thing out for us. >> it's one of the most ex pinsive in the dense and complicated tax code. it's the middle class's most cherished tax break. government snding on this deduction will reach $100 billion by 2014 making it the third largest tax break on the books. but who is it really helping? it tends to benefit the upper middle class families the most. these bars behind me show income and the circles...
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Dec 1, 2012
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> despite what you may hear in the news, there are members of congress willing to compromise despite having signed the norquist pledge to never raise taxes. i talked to grover norquist many times on this show. i'm going to continue to introduce you to those politician who's have had the courage to question whether a hard and fast rule is really best for the country. here's a running count of law makers who say they are willing to break the pledge that they have signed. we suspect that the empty spaces could fill up over the coming weeks. if you'd like to call your congressman and tell them that, that's up to you. but if you thought that norquist conservative anti-tax pledge is for republicans only, i want to introduce you to congressman robert andrews. he's a democrat from new jersey. congressman andrews, thank you for joining us. you are one of a handful of democrats who have signed on to the tax pledge. the
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> despite what you may hear in the news, there are members of congress willing to compromise despite having signed the norquist pledge to never raise taxes. i talked to grover norquist many times on this show. i'm going to continue to introduce you to those politician who's have had the courage to question whether a hard and fast rule is really best for the country. here's a running count of law...
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Dec 8, 2012
12/12
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in 2011, natural gas, 99% of it, went to residential, commercial, and industrial use or was used to create electricity. less than 1% used as vehicle fuel, but trucking firms are looking to push that higher. why? why does anyone do anything? cost. we have seen strides in battery technology, 18-wheelers can't be run on electric power just yet. diesel is costly. prices have dropped, they did drop down to $2 a gallon in 2009, but they have doubled since then. a gallon of diesel costs between $1.50 and $2 more than the equivalent in natural gas. that means the increase in cost of a natural gas powered truck could be paid off in a couple years. >> reporter: diesel is king here at the flying j truck stop near richmond, virginia. with it, nathaniel has pushed his rig 3.5 million miles. >> you name, i've hauled it. >> reporter: but truckers here don't have to look far to see the corner. a new liquefied gas island. ong is cheaper, cleaner, and supporters say, more plentiful than diesel. but there's a problem. say you want to drive a truck like this coast to coast, using only liquid natural gas. here
in 2011, natural gas, 99% of it, went to residential, commercial, and industrial use or was used to create electricity. less than 1% used as vehicle fuel, but trucking firms are looking to push that higher. why? why does anyone do anything? cost. we have seen strides in battery technology, 18-wheelers can't be run on electric power just yet. diesel is costly. prices have dropped, they did drop down to $2 a gallon in 2009, but they have doubled since then. a gallon of diesel costs between $1.50...